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Replacing coal with forest biomass for heating is a dangerous green mirage

21 July, 2022

With the energy transition well underway, and the end of the era of coal clearly on the horizon, biomass for heating is gradually becoming a favorite for governments in the Western Balkans and their financial partners. ‘Tree power’ might sound like the greenest kind of energy, but burning timber from forests to heat homes is anything but sustainable.

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EIB Global: new branding, old problems

20 July, 2022

With the launch of its new development branch EIB Global, the European Investment Bank (EIB) has shown its appetite for becoming a significant player in the field of development finance. However, without a major change in the Bank’s management and the shareholders’ approach to the impacts of its operations, EIB Global will remain a public relations exercise and a lost cause.

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Kosovo’s new law on pollution control risks muddying the waters

13 July, 2022

Kosovo’s parliament is currently scrutinizing a new law on integrated pollution prevention and control. Its aim is positive – to tighten Kosovo’s standards. But as written now, it risks doing the opposite.

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The real cost of hydropower plants in Central Asia and the Caucasus

12 July, 2022

International financial institutions’ support for hydropower in Central Asia and Caucasus is fuel for environmental damage and human rights violations.

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The Shared Green Deal project begins work on people-centered climate neutrality by 2050

12 July, 2022

Bankwatch is a partner in the new Shared Green Deal project that will use innovative social experiments to support the objectives of the European Green Deal, involving local communities across Europe.

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